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A Comparative Discussion of the Judicial Disqualification of Directors under the South African Companies Act
Journal of African Law ( IF 0.277 ) Pub Date : 2020-11-09 , DOI: 10.1017/s0021855320000248
Rehana Cassim

Section 162 of the South African Companies Act 71 of 2008 empowers courts to declare directors delinquent and hence to disqualify them from office. This article compares the judicial disqualification of directors under this section with the equivalent provisions in the United Kingdom, Australia and the United States of America, which have all influenced the South African act. The article compares the classes of persons who have locus standi to apply to court to disqualify a director from holding office, as well as the grounds for the judicial disqualification of a director, the duration of the disqualification, the application of a prescription period and the discretion conferred on courts to disqualify directors from office. It contends that, in empowering courts to disqualify directors from holding office, section 162 of the South African Companies Act goes too far in certain respects.



中文翻译:

《南非公司法》对董事司法资格丧失的比较讨论

南非《 2008年公司法》第71条第162条授权法院宣布董事有罪,从而取消其任职资格。本文将本节中董事的司法资格与英国,澳大利亚和美利坚合众国的等效条款进行了比较,这些条款均影响了南非的行为。这篇文章比较了具有诉讼地位的人的类别向法院申请取消董事担任董事资格的理由,以及取消董事司法资格的理由,取消资格的期限,规定的适用期限以及授予法院以取消董事资格的自由裁量权。它争辩说,在授权法院取消董事任职资格的过程中,《南非公司法》第162条在某些方面太过分了。

更新日期:2020-11-09
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